8Budget reporting in relation to fiscal targets and principles

#### 8 Budget reporting in relation to fiscal targets and principles 8 Budget reporting in relation to fiscal targets and principles > The Treasurer is to include the following in the budget papers— > > > (a) a statement of the Government’s fiscal strategy having regard to the object of this Act and the fiscal targets and principles provided by this Act, > > > (b) a report on the Government’s performance against that object and those targets and principles, > > > (c) the reasons for any departure from that object and those targets and principles, together with the action planned to achieve that object and those targets and principles within the forward years of the budget, > > > (d) an assessment of the impact of the measures in the budget on the State’s long-term fiscal gap, > > > (e) in the case of the budget papers for 2016–17 and for each 5 years thereafter—an updated report on long-term fiscal pressures and a re-assessment of the State’s long-term fiscal gap. > > Note— > > Section 10 of the [General Government Liability Management Fund Act 2002](/view/html/inforce/current/act-2002-060) requires the Management Committee (constituted under that Act to advise the Secretary of the Treasury on the management of the Fund) to review from time to time the long-term fiscal target of eliminating total State sector unfunded superannuation liabilities by 2030.